Glossary

Use our Glossary to understand the different German mortgage terms and definitions

Baukindergeld

Child subsidy for new home owners

The German government is now offering up to 12,000 € of subsidy per child when purchasing a home. The subsidy will be paid fora period of 10 years (1,200 € per year) for a newly built home or towards the purchase of your home or apartment. The household income must not exceed 90,000 € if you have one child and can be increased by 15,000 € for each additional child. 

 

Find out if you are eligible here.